Cape Coral-Fort Myers, FL

Tracey Velt's Market Report

Cape Coral-Fort Myers, FL

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Tue Jul 01 2025
This week the median list price for Cape Coral-Fort Myers, FL is $479,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 9,304. Click here to stay informed with the Cape Coral-Fort Myers market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Median List Price		$479,000
Median Price of New Listings		$389,995
Per Square Foot		$259
Average Days on Market		157
Median Days on Market		112
Price Decreased		47%
Price Increased		3%
Relisted		9%
Inventory		9,304
Median Rent
Market Action		28
Slight Buyer's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,150,000	2,518	0.25 - 0.5 acre	3	3	22	56	63	133
$585,000	2,023	0.25 - 0.5 acre	3	2	20	74	106	119
$400,000	1,773	0.25 - 0.5 acre	3	2	8	120	108	105
$319,000	1,473	0.25 - 0.5 acre	3	2	19	158	171	98

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,150,000	2,518	0.25 - 0.5 acre	3	3	22	56	63	133
$585,000	2,023	0.25 - 0.5 acre	3	2	20	74	106	119
$400,000	1,773	0.25 - 0.5 acre	3	2	8	120	108	105
$319,000	1,473	0.25 - 0.5 acre	3	2	19	158	171	98

Median Price	Top $1,150,000	Upper $585,000	Lower $400,000	Bottom $319,000
Sq. Ft.	2,518	2,023	1,773	1,473
Lot Size	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	3	3	3	3
Baths	3	2	2	2
Age	22	20	8	19
New	56	74	120	158
Absorbed	63	106	108	171
DOM	133	119	105	98

Tracey Velt's Market Report